AGREE RLTY (Germany) Market Value
| AGL Stock | EUR 71.88 2.86 3.83% |
| Symbol | AGREE |
AGREE RLTY 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to AGREE RLTY's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of AGREE RLTY.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in AGREE RLTY on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding AGREE RLTY P or generate 0.0% return on investment in AGREE RLTY over 30 days. AGREE RLTY is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, NorAm Drilling, Identiv, and Norsk Hydro. Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and deve... More
AGREE RLTY Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure AGREE RLTY's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess AGREE RLTY P upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.24 | |||
| Information Ratio | 0.0244 | |||
| Maximum Drawdown | 5.01 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 2.03 |
AGREE RLTY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AGREE RLTY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AGREE RLTY's standard deviation. In reality, there are many statistical measures that can use AGREE RLTY historical prices to predict the future AGREE RLTY's volatility.| Risk Adjusted Performance | 0.1121 | |||
| Jensen Alpha | 0.1663 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0229 | |||
| Treynor Ratio | (1.95) |
AGREE RLTY P Backtested Returns
At this point, AGREE RLTY is very steady. AGREE RLTY P secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for AGREE RLTY P, which you can use to evaluate the volatility of the firm. Please confirm AGREE RLTY's mean deviation of 0.8406, and Risk Adjusted Performance of 0.1121 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. AGREE RLTY has a performance score of 11 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.08, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AGREE RLTY are expected to decrease at a much lower rate. During the bear market, AGREE RLTY is likely to outperform the market. AGREE RLTY P now shows a risk of 1.17%. Please confirm AGREE RLTY P jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if AGREE RLTY P will be following its price patterns.
Auto-correlation | 0.30 |
Below average predictability
AGREE RLTY P has below average predictability. Overlapping area represents the amount of predictability between AGREE RLTY time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AGREE RLTY P price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current AGREE RLTY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.64 |
AGREE RLTY P lagged returns against current returns
Autocorrelation, which is AGREE RLTY stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting AGREE RLTY's stock expected returns. We can calculate the autocorrelation of AGREE RLTY returns to help us make a trade decision. For example, suppose you find that AGREE RLTY has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
AGREE RLTY regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If AGREE RLTY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AGREE RLTY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AGREE RLTY stock over time.
Current vs Lagged Prices |
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AGREE RLTY Lagged Returns
When evaluating AGREE RLTY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AGREE RLTY stock have on its future price. AGREE RLTY autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, AGREE RLTY autocorrelation shows the relationship between AGREE RLTY stock current value and its past values and can show if there is a momentum factor associated with investing in AGREE RLTY P.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AGREE Stock
AGREE RLTY financial ratios help investors to determine whether AGREE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AGREE with respect to the benefits of owning AGREE RLTY security.